Water Soluble Polymer Market Product Type (Polyacrylamide, Polyvinyl alcohol, Guar gum, Cellulose ether, Gelatin, Xanthan gum, Casein, Polyacrylic acid and Others), Application (Water treatment, Food Personal care & detergents, Oil & gas, Pulp & paper, Pharmaceuticals, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

According to the report published by Zion Market Research, global demand for Water Soluble Polymer market was valued at approximately USD 33.5 Billion in 2019, and is expected to generate revenue of around USD 37.8 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026.

20-Oct-2020 | Number of pages: 110 | Report Code: ZMR-356 | Report Format : | Status : Published

Abstract

According to the report published by Zion Market Research, global demand for Water Soluble Polymer market was valued at approximately USD 33.5 Billion in 2019, and is expected to generate revenue of around USD 37.8 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026.

Global Water Soluble Polymer Market: Overview

Water soluble polymers are substances that, on application to aqueous systems, display a difference in their physical properties. Water soluble polymer chains usually consist of hydrophilic groups that are substituted or inserted into the polymer 's backbone. The nonionic, anionic, amphoteric, or cationic groups may be hydrophilic. There are various uses of water soluble polymers in food , pharmaceuticals, paper, manufacturing, adhesives, water treatment, paint, textiles, coating and other industries. In order to make it more resilient to oils and grease, polyvinyl alcohol, a water soluble polymer, is commonly used to reinforce textile yarn and paper, especially textile yarn. For fruit, casein is used in cream-based soups, sherbet, yoghurt, custard, and others as a dietary substitute, thickener, emulsifier, and texture stabiliser.

Global Water Soluble Polymer Market: Growth Factors

Increasing applications in various sectors are expected to fuel demand over the forecast era, including household goods, manufacturing, detergents, personal care , food, paint & coatings, and pharmaceuticals. Increased use of polyvinyl alcohol for green packaging would fuel market growth in light of government funding. Increased use can drive market growth due to superior properties such as quick-drying, mild odour, inflammable, and eco-friendly design.

Global Water Soluble Polymer Market: Segmentation

The Water Soluble Polymer market is fragmented based on product type and application. By form, the market is divided into polyacrylamide, polyvinyl alcohol, guar gum, cellulose ether, gelatin, xanthan gum, casein, polyacrylic acid and others. Polyacrylamide was the largest segment and accounted for a larger share and, in view of rising use in pulp & paper and drilling operations, will experience substantial growth over the projected period. Over the forecast era, the increasing use of coagulants and flocculants in wastewater treatment along with the mining industry is expected to stimulate demand for polyacrylamide. By application, the market is segmented into water treatment, food personal care & detergents, oil & gas, pulp & paper, pharmaceuticals, and others. Because of rising production speed and the growing emphasis on competitive pricing, the food and beverage industry is experiencing rapid growth. It is a commonly used gelling and thickening agent in food and beverage products due to the thickening and emulsifying properties of water soluble polymers such as gelatin, casein, xanthan gum, and cellulose ester. Therefore, the rising market for water-soluble polymers will be boosted by the waste water treatment and food and beverage industries.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Water Soluble Polymer Market: Regional Analysis

In terms of value, North America is forecast to grow at a considerable CAGR due to the natural gas boom combined with rising pharmaceuticals and food & beverage industries in the U.S., Canada , and Mexico. As a result of the rapid consumption of personal care, detergents, and the oil & gas industry in the UK, Germany , and Spain, Europe is likely to show significant growth. Asia Pacific was the leading market , accounting for over 40.0 percent of the global sales share, and will show strong growth in China, India , and Indonesia due to increasing personal care, food & beverages, and the pharmaceutical industry.

Global Water Soluble Polymer Market: Competitive Players

Some main participants of the Water Soluble Polymer market are Arkema SA, Ashland Global Holdings Inc., Barzaghi Srl, BASF SE, Dow Inc., Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corp., SPCM SA, Gantrade, Nitta Gelatin Inc., CP Kelco, and among others.

Water Soluble Polymer Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

The increase in demand for water-soluble polymers in water treatment plants around the globe is pushing the need for water-soluble polymers. In addition, the improved recovery of crude oil from oil has achieved tremendous acceptance in the oil industry, which further raises the market for water-soluble polymers. Volatile costs of water soluble polymers, however, hamper the growth of the market.

According to Zion Market Research, global demand for Water Soluble Polymer market is expected to generate revenue of around USD 37.8 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026.

Leading to a rise in demand for waste treatment and water treatment products, the North American water soluble polymer market is expected to see considerable growth during the forecast period. The strong demand for traditional food in this area is also expected to fuel the growth of the market for water soluble polymers.

Some main participants of the Water Soluble Polymer market are Arkema SA, Ashland Global Holdings Inc., Barzaghi Srl, BASF SE, Dow Inc., Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corp., SPCM SA, Gantrade, Nitta Gelatin Inc., CP Kelco,  and others.


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